Democrats Should Focus on Racial Wealth Divide

This weekend, South Carolina Democrats will choose their preferred standard-bearer for the November presidential election. Last weekend, South Carolina Republicans did the same. No matter who ultimately wins, there’s one issue that should trump all others for the immediate attention of the next president: closing the racial wealth divide in this country. In case you […]

Taking down the Confederate flag is only the first step

It’s time to address racism and inequality in the South The Mary Reynolds Babcock Foundation applauds the South Carolina legislature’s decision to remove the Confederate flag from the capitol grounds. The hate crime in Charleston focused the national spotlight on racism in the South; it also forced Southerners to consider the ways we commemorate history […]

Microenterprise Development

  June is SC Microenterprise Development month. And although South Carolina has a relatively low unemployment rate, compared to national averages, 25 of the state’s 46 counties are classified as either economically distressed or underdeveloped. Microenterprise development adds significant value to local and regional economies by supporting low-income enterprises while alleviating poverty and the need […]

Stumbling Blocks Remain to Full Economic Recovery

With an improving economy in the United States, lower unemployment rates, higher homeownership and greater opportunities for individuals to start and own a business, it appears that South Carolina is poised for broad-based wealth building among the poor and middle-class in our state.  But there is one factor that could halt this historic opportunity for […]


South Carolina Association for Community Economic Development (SCACED) is celebrating 20 years of shepherding the community economic development (CED) industry in South Carolina.  For over 12 years, SCACED used the Assets and Opportunity Scorecard produced by the Washington, DC based Corporation for Enterprise Development (CFED) to help us shape our policy and program agenda.  CFED’s […]